Canada Mining News

US seeks to boost output of 35 minerals, reduce import reliance

The administration wants to identify new domestic sources of critical minerals and increase domestic exploration, mining and recycling.

Natural Resources Canada chooses partners to research rare earths production

During the research project, rare-earth-element ("REE") solutions will be prepared at the facilities of Ontario-based Process Research Ortech Inc.

Acacia Mining admits in talks with Chinese over potential sale of Tanzania assets

Tanzania's top gold producer said in conversations with potential investors over a stake in some or all of its operations in the East African nation.

Pembridge grabs copper-gold-silver mine in Canada’s Yukon

With the acquisition of Capstone's Minto mine, Pembridge Resources is set to become a cash flow generating copper producer.

Kinross secures low-cost power for Brazil’s largest gold mine

With the acquisition of two hydroelectric plants, the miner expects to eliminate about 70% of future power purchases.

Argo Gold sells its Ontario-based South Wawa Gold project to RT Minerals

The Canadian explorer will receive 350,000 common shares of RT Minerals in return.

IAMGOLD closer to deciding future of Ontario gold project

Company expects Côte Gold project to create as many as 1,200 jobs during the construction phase, estimated to last two years.

Teck Resources down despite better profit in Q4

The firm, North America's No.1 producer of coking coal, said the boost in profit was mainly thanks to the reversal of an impairment charge related to an improvement in the outlook for steelmaking commodity.

Experts warn of civil unrest in Argentina as it readies to lift ban on open pit mining

President’s move to allow open pit mining in provinces until now opposed to it is part of a broader plan to double foreign investment to $25 billion in eight years.

World’s largest gold project just got even bigger

Seabridge Gold has bulked up again its already massive KSM gold-copper-silver project in northern British Columbia in both size and grade.

Rio Tinto becomes sole owner of Pistol Bay uranium assets in Canada

Rio Tinto had already earned a 75% interest in the C-4-5-6 property, and it was expected to exercise its option to acquire full interest by 2019.

MGX eyeing lithium brine assets in Chile

Without changing the way it operates, the Canadian miner now wants to set foot in the world’s second lithium producing country.

Seabridge dealing with damages from previous mining activities in northern BC

The Toronto-based miner is carrying out a comprehensive environmental remediation program at its Iskut project.

Embattled Acacia Mining ends painful year with $700-million loss

The miner has also scrapped its 2017 dividend after full-year core earnings fell by more than a third because of a ban on unprocessed mineral exports in Tanzania.

Suncor Energy hikes stake in Syncrude in $730 million deal

Canada's largest energy producer also buys into Norwegian Sea oil project.

Gold giant Barrick faces grilling after fall to bottom of pack

Even with rising gold prices and a strengthened balance sheet, the world’s largest gold producer left shareholders with the worst returns among its top North American peers last year.

Alexco preparing to resume silver mining in Yukon later this year

Although a final production decision has not been made, Canada's Alexco Resource Corp. is preparing to resume mining of silver and related minerals late this year in the Yukon's Keno Hill Silver District.

An update on the future of mining: urban mining

Technical analyst Clive Maund reviews the charts of two urban miners that he views as strong buys.

Cameco’s profit beat estimates on improved uranium prices, cost-cutting drive

Canada’s top uranium producer is seeing the first improvements brought by higher prices and drastic cost-cutting measures, including the recent haly of its flagship McArthur River mine in northern Saskatchewan.

Endeavour in talks to avert Ivory Coast protests over gold production plans

Company has opened negotiations with local people in Ivory Coast in an effort to head off protests at two gold mines where the company aims to boost production by nearly 4% this year.

Gold price: Value of ETF bullion tops $100 billion for first time in 5 years

New report shows money continues to pour into gold-backed exchange traded funds with North American investors responsible for 75% of January inflows.

Former millwright suing Copper Mountain for wrongful dismissal

Gordon MacMillan filed a notice of civil claim, claiming “harassment and bullying permeated all levels of the defendant’s organizational structure.”

Ivanhoe boss said he’d pay higher taxes in Congo if it benefits locals

Robert Friedland, founder and executive chairman of Ivanhoe Mines, said he would be happy to pay higher taxes if there is stability in Congo's rules and transparency in the accounting of those royalties.

Anaconda scores 34.7 g/t gold over 3.5 meters

Bob Moriarty of 321 Gold looks at this gold explorer's drill results for its Nova Scotia project.

Uncovering safety technology in the Canadian mining industry

“Safety systems using radar, warning signals and improved visibility readily address risks to prevent accidents" says vehicle safety expert Henry Morgan.